Trump renews effort to remove Fed governor Lisa Cook amid mortgage-fraud allegations
The White House has revived efforts to remove Federal Reserve Governor Lisa Cook, sending her a letter that says the president is considering dismissing her from office. The move comes as Donald Trump continues to press for faster interest-rate cuts, despite inflation remaining a concern. It also reopens a direct challenge to the independence of the US central bank.According to the letter, Cook was given three weeks to respond to unproven allegations that she committed mortgage fraud. The letter was signed by White House Deputy Chief of Staff Dan Scavino and warned that the alleged offence could carry a prison... [Continue Reading]
360LiveNews | 08 Aug 2026 01:30 LONDON
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Day News Recap: Ebola outbreak tops 4,000 as Middle East tensions and Ukraine war intensify
Health officials in the Democratic Republic of the Congo said the Ebola outbreak has passed 4,000 confirmed cases, prompting a major escalation in the response as there are concerns the virus may be mutating. 🔗In the Middle East, tensions around the Strait of Hormuz deepened as Iran enforced a near total closure of the waterway while indirect talks with Oman continued, and shipping groups warned against any compulsory transit charges. 🔗 🔗 Iran also tightened internal security at home, while President Masoud Pezeshkian said contact with Supreme Leader Mojtaba Khamenei was very difficult after the reported wounding of the leader.... [Continue Reading]
360LiveNews Recap | 06 Aug 2026 20:27 LONDON
Trump signals ongoing U.S. action against Venezuela and Iran, while backing Hegseth
President Donald Trump made multiple posts on Truth Social in the last hour: - "The Fake News, as usual, is spreading false and completely unfounded rumors. I am extremely happy with the job that Pete Hegseth is doing. Everything has been extraordinary, including our attack on Venezuela, where the result was accomplished in less than one day, allowing us to bring one of the worst criminals anywhere in the World, Nicolas Maduro, to Justice! Likewise, Iran, where the country has been decimated for the purpose of NOT ALLOWING IT TO EVER HAVE A NUCLEAR WEAPON, is going very well! Pete... [Continue Reading]
Breaking-360LiveNews | 06 Aug 2026 18:00 LONDON
Breakfast News Recap: Ukraine ports hit, Middle East tensions rise and markets rally on risk-on mood
Russia has intensified missile and drone attacks on Ukraine's Black Sea ports, with Odesa among the main targets, damaging port infrastructure and adding pressure on export routes that are already under strain. NATO says it is working urgently to supply Ukraine with air defences after Kyiv failed to intercept any of the Russian ballistic missiles fired in Wednesday's overnight strike. 🔗 🔗In the Middle East, Israel said two reserve soldiers were killed in combat in southern Lebanon as fighting with Hezbollah continued near the border. The Israeli military also said it would keep operating proactively in Gaza, even as Prime... [Continue Reading]
360LiveNews Recap | 06 Aug 2026 08:39 LONDON
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